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2 November, 2024  // In 2024, the income of the Russian population from funds on bank deposits will amount to about 4 trillion rubles (about 41 billion USD), interest on savings accounts - 2 trillion rubles. The total amount of income will be more than twice as high as in 2023. The main reasons are rising incomes and a significant increase in interest rates (15-20+%).

12 October, 2024  // As of October 1, 2024, according to the Bank of Russia, Russia's external debt amounted to $293.4B, having decreased by $24.5B (7.7%) since the beginning of 2024. It fell below $300B for the first time since 2006. The highest figure was in July 2014 - more than $732B. As of October 4, 2024, Russia's international reserves amounted to $629.9B.

4 October, 2024  // In Q1-Q3 2024, 1,154,778 new passenger cars were sold in Russia, 61% more than in Q1-Q3 2023 (717,615). Leaders: LADA (316k - 27.41%), Haval (136k - 11.81%), Chery (118k - 10.25%), Geely (112k - 9.77%), Changan (83k - 7.19%), OMODA (39k - 3.43%). In 2021, for comparison, 1.67 million were sold: LADA (351k), KIA (206k), Hyundai (167k), Renault (136k), Toyota (98k), Skoda (90k), VW (86k), Nissan (51k), BMW (47k), Mercedes-Benz (43k).

19 September, 2024  // As of September 1, 2024, according to the Ministry of Internal Affairs, the number of foreign citizens staying in Russia, information about whom was received by the state system of migration registration, was 6,174,777 people, about 4.2% of the population of Russia (146.2 million people in 2023). The number of illegal migrants in Russia is estimated at about 3-4 million.

12 September, 2024  // In 2023, 83.4% of all payments in retail in Russia were made in non-cash form, 7th place among G20 countries. Sweden (98%), China (96.3%), Australia (89%), the US (88%), Canada (86%), the UK and South Korea (85%), Brazil (78%), Saudi Arabia (70%), France and South Africa (65%), Germany and Turkey (62%), Argentina (55.1%), Indonesia (55%), Italy (51%), Japan (39.3%), Mexico (34%), India (32%).

18 August, 2024  // In Q2 2024, the share of USD and Euro in Russian exports fell below 20% for the first time, to 17.6%, Ruble - 40%, Yuan, Tenge, Rupee, Dirham, etc. - 42.4%. In 2021, the share of USD and Euro was about 85%. In Q1-Q2 2024, the share of Asia (mainly China and India) in Russian exports increased by 6% - to 75%, the share of Europe decreased by 8% - to 15%.

11 July, 2024  // According to the World Spirits Alliance, the leaders of alcohol sales in the world are China ($215B), the US ($60B), Russia and India ($20B each). In Russia, about $12B comes from beer, $4B - wine, $3B - vodka. The leaders in alcohol production: China (36.8%), the UK (12.7%), the US (8.2%), France (5.7%), India (5.7%), Mexico (5.1%), Russia (2.3%), Japan (2.3%).

5 July, 2024  // In June 2024, 124,394 new passenger cars were sold in Russia, about 1.5 times more than in June 2023 (82,408 units). In January-June 2024, 719,311 new passenger cars were sold, 79% more than in the same period in 2023 (401,567 units). Sales leaders: AvtoVAZ (207,404), Haval (81,450), Chery (71,357), Geely (69,102), Changan (48,702).

10 June, 2024  // In Jan-May 2024, according to the Ministry of Finance, the deficit of the federal budget of Russia amounted to 983 B rubles ($11 B, 0.5% of GDP). In Jan-May 2023, it was 3 T (1.8%). Revenues - 14.289 T (+45.5%), expenses - 15.272 T (+18.9%). Non-oil and gas revenues - 9.338 T (+34%), oil and gas revenues - 4.951 T (+73.5%).

31 May, 2024  // In 2023, according to the Federal Tax Service of Russia, about 196 thousand citizens (0.3% of all taxpayers) had an annual income above 10M rubles (111K USD), 364 thousand (0.5%) - 5-10M rubles (55-111K USD), 11.2 million people (17.1%) - 1-5M rubles (11-55K USD), 53.6 million people (82.1%) - less than 1M rubles (11K USD).

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The comments of our visitors

Paul Manoli
News reporting
Excellent reporting. Interesting content.

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